Day: February 12, 2021

Car sales in Pakistan surged by 44 per cent in January 2021

The car sales in Pakistan has increased by 44 per cent with a total of 14,543 units sold in January this year, as per data shared by the Pakistan Automotive Makers Association (PAMA).

Last year in January 10,095 units were sold. The increase is being attributed to an increase in leasing on a low interest rate environment.

As per stats, the sale of cars with 1300cc and higher powered engines increased 27 per cent to 6,944 units as compared to 5,467 units sold during the same month in the previous year. This increase can be attributed to sales of Toyota Yaris that hit 2,992 units.

However, the sale of Indus Motor’s popular Toyota Corolla reduced by 56 per cent, while that of Honda Civic and City increase by 10 per cent. Around 364 Suzuki Swifts were sold in the period under review compared to 144 sold last year.


In the

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The Rise in EVs Boosts Lithium Miner Stocks SQM, Albemarle

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A rechargeable Lithium-ion battery

Ronny Hartmann/AFP via Getty Images

Investors are convinced electric vehicles are the future of personal and commercial transportation. That belief is impacting sectors outside of the car business as much as it is affecting car stocks.

Lithium mining is one of those sectors. EVs need lithium for lithium-ion batteries that make the cars go. Two stocks are on the move Friday, adding to recent gains, after a new bullish take from Citigroup.

Analyst P.J. Juvekar upgraded


(ticker: SQM) and


(ALB) stock to Buy from Hold. His price target for SQM stock goes to $62 from $55. Juvekar’s price target for Albemarle stock goes to $184 from $176.

“We are turning more bullish on lithium due to: EV momentum in China and Europe, the dissipation of excess lithium inventory, and announcements by OEMs like GM to go all-electric by 2035,” writes the analyst

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Someone Spotted A Pre-Release DARTZ Truck And What That Banner Says Is Pretty Hilarious


Photo: Anonymous Source

A reader wandering around a parking garage in China sent us some pictures of an exciting automotive unicorn: A new DARTZ truck, fully bonkers as is required of any fine DARTZ product, but this one has yet to be officially announced or shown. Even better, the pre-release truck is wearing a kicky yellow banner that has a stern and grimly comical message to, I expect, any number of other car-builders in China.

The beast is a DARTZ Prombon Black Alligator MMXX, the redesigned version of the Black Alligator that was released in 2017, which DARTZ gleefully told us would be the SUV that would “fuck Rolls-Royce big car before it will be born,” which is a pretty solid tagline for a car.

Illustration for article titled Someone Spotted A Pre-Release DARTZ Truck And What That Banner Says Is Pretty Hilarious

Photo: Anonymous Source

The new version has a lot of new bodywork and, I’m told, an area on the

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